Reflection On Traveling Mid-2021: Inflation is Real

We are finishing our first vacation post-COVID. We traveled to Winter Park, CO where our family owns a timeshare. We traveled by car and spent one night in a hotel. Gasoline is expensive. In Winter Park, the average price-per-gallon was $3.79.Hotel rooms are expensive. We stayed at a La Quinta Inn in North Platte, NE, … Continue reading Reflection On Traveling Mid-2021: Inflation is Real →

How Much is a Trillion Dollars?

by Charles H. Coppes As you probably know, or can't fathom, the House (HR3326) and Senate (60-40), on pure party lines, raised our "debt ceiling" to $14.3 Trillion Bucks (to accommodate the jobless recovery and progressive welfare state for 2010). As I often say on radio, a trillion seconds would take 30,000 years. Sure we … Continue reading How Much is a Trillion Dollars? →

2010: "The Year of Severe Economic Contraction"

by Mike Whitney | December 15, 2009 | Global Research Upbeat reports in the financial media, belie the effects of the ongoing credit contraction. Massive injections of central bank liquidity have prevented the collapse of financial markets, but have done little to ease the deleveraging of households or stimulate activity the broader economy. The crisis … Continue reading 2010: "The Year of Severe Economic Contraction" →

Frontline: The Warning

Robert Rubin, Alan Greenspan, Lawrence Summers "We didn't truly know the dangers of the market, because it was a dark market," says Brooksley Born, the head of an obscure federal regulatory agency -- the Commodity Futures Trading Commission [CFTC] -- who not only warned of the potential for economic meltdown in the late 1990s, but … Continue reading Frontline: The Warning →

Great Depression Remix

by Robert Morley | From the Nov/Dec 2009 Trumpet Print Edition » The lyrics are different in 2009 than 1929—but it’s still the same song. The 1929 financial crash unfolded in just such a way as to inflict punishment. Every time stock investors thought it was safe to get back in the dance, they just … Continue reading Great Depression Remix →

General Motors Files for Bankruptcy Protection

By U.S. News & World Report With time running out on its June 1st restructuring deadline, GM expected to file for bankruptcy today. ABC World News reported last night it is a "foregone conclusion" that GM "will file for bankruptcy" Monday, "all in an effort to survive." One "estimate of best case scenarios predicts that … Continue reading General Motors Files for Bankruptcy Protection →

The Great Paradigm Shift

John Loeffler provides a good summary of the coming paradigm shift heading at Americans at an increasing speed. For several years, Loeffler has been talking about a window from 2009 to 2012 as the critical years when all the pieces begin to fall into place to create what Jim Pulplava has dubbed, "The Perfect Financial … Continue reading The Great Paradigm Shift →

Coming Economic Crisis?

One of the issues on my radar is a potential coming economic crisis that some are referring to as "The Perfect Storm." For the past year I have been an avid listener of Jim Pulplava's weekly web cast, "Financial Sense Newshour." You can add the podcast and download more than three hours of news and … Continue reading Coming Economic Crisis? →